Johnson Controls International plc $JCI Shares Purchased by Activest Wealth Management

Activest Wealth Management lifted its holdings in Johnson Controls International plc (NYSE:JCI) by 56.4% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 369 shares of the company’s stock after purchasing an additional 133 shares during the quarter. Activest Wealth Management’s holdings in Johnson Controls International were worth $30,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Truvestments Capital LLC boosted its position in shares of Johnson Controls International by 425.0% in the 1st quarter. Truvestments Capital LLC now owns 315 shares of the company’s stock worth $25,000 after purchasing an additional 255 shares in the last quarter. Accent Capital Management LLC acquired a new stake in shares of Johnson Controls International in the 1st quarter worth $26,000. Cornerstone Planning Group LLC boosted its position in shares of Johnson Controls International by 74.5% in the 1st quarter. Cornerstone Planning Group LLC now owns 363 shares of the company’s stock worth $28,000 after purchasing an additional 155 shares in the last quarter. Community Bank N.A. acquired a new stake in shares of Johnson Controls International in the 1st quarter worth $32,000. Finally, WPG Advisers LLC acquired a new stake in shares of Johnson Controls International in the 1st quarter worth $36,000. Institutional investors and hedge funds own 90.05% of the company’s stock.

Johnson Controls International Stock Performance

NYSE JCI opened at $106.88 on Friday. The stock has a 50-day simple moving average of $106.31 and a two-hundred day simple moving average of $94.25. The firm has a market capitalization of $69.94 billion, a P/E ratio of 31.71, a PEG ratio of 1.90 and a beta of 1.30. Johnson Controls International plc has a fifty-two week low of $67.68 and a fifty-two week high of $112.63. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.81 and a current ratio of 0.96.

Johnson Controls International (NYSE:JCI) last released its quarterly earnings data on Tuesday, July 29th. The company reported $1.05 earnings per share for the quarter, beating analysts’ consensus estimates of $0.99 by $0.06. The business had revenue of $6.05 billion during the quarter, compared to analyst estimates of $5.99 billion. Johnson Controls International had a return on equity of 14.71% and a net margin of 9.53%. Johnson Controls International has set its FY 2025 guidance at 3.650-3.680 EPS. Q4 2025 guidance at 1.140-1.170 EPS. On average, equities analysts forecast that Johnson Controls International plc will post 3.64 earnings per share for the current year.

Johnson Controls International declared that its Board of Directors has authorized a stock buyback plan on Friday, June 13th that allows the company to repurchase $9.00 billion in shares. This repurchase authorization allows the company to reacquire up to 13.4% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s leadership believes its shares are undervalued.

Johnson Controls International Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 18th. Shareholders of record on Monday, June 23rd were paid a dividend of $0.37 per share. The ex-dividend date was Monday, June 23rd. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.4%. Johnson Controls International’s dividend payout ratio (DPR) is presently 43.92%.

Insider Transactions at Johnson Controls International

In related news, VP Nathan D. Manning sold 1,422 shares of Johnson Controls International stock in a transaction dated Friday, August 1st. The stock was sold at an average price of $103.69, for a total value of $147,447.18. Following the completion of the transaction, the vice president owned 140,881 shares in the company, valued at $14,607,950.89. The trade was a 1.00% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Anuruddha Rathninde sold 15,000 shares of Johnson Controls International stock in a transaction dated Friday, June 6th. The shares were sold at an average price of $103.13, for a total value of $1,546,950.00. Following the completion of the transaction, the vice president owned 42,574 shares of the company’s stock, valued at approximately $4,390,656.62. This represents a 26.05% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 19,266 shares of company stock valued at $1,986,931 in the last quarter. Company insiders own 0.54% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on JCI. UBS Group reissued a “buy” rating and issued a $116.00 price objective (up previously from $103.00) on shares of Johnson Controls International in a research report on Thursday, May 22nd. Royal Bank Of Canada lifted their price target on Johnson Controls International from $112.00 to $114.00 and gave the stock a “sector perform” rating in a research report on Wednesday, July 30th. Jefferies Financial Group reaffirmed a “hold” rating and set a $120.00 price target on shares of Johnson Controls International in a research report on Thursday, July 24th. Barclays lifted their price target on Johnson Controls International from $100.00 to $101.00 and gave the stock an “equal weight” rating in a research report on Wednesday, July 30th. Finally, The Goldman Sachs Group lifted their price target on Johnson Controls International from $103.00 to $116.00 and gave the stock a “buy” rating in a research report on Tuesday, July 8th. Nine equities research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $105.72.

About Johnson Controls International

Johnson Controls International plc, together with its subsidiaries, engages in engineering, manufacturing, commissioning, and retrofitting building products and systems in the United States, Europe, the Asia Pacific, and internationally. It operates in four segments: Building Solutions North America, Building Solutions EMEA/LA, Building Solutions Asia Pacific, and Global Products.